Latest Forex Research
Daily FX Wrap and Strategy
The NZD/USD has continued to slip lower, to trade justabove 0.8420 this morning. There have been a range of influences on the NZD overthe past 24-hours.
Aussie Currencies Technicals
The lack of follow through on the spike above the 21 & 100-DMAs Tuesday combined with a relatively bearish close
Daily FX Update
Today’s trading pattern is carrying over the broader themes from August; leading into the open equities are higher,
EUR Mid-day Analysis
The Bundesbank has revised its Euro zone growth forecast lower and the drag from Russian sanctions lives on.
CHF Mid-day Analysis
With a quasi-downside breakout on the chars overnight and a downward revision in Euro zone growth forecasts from the Bundesbank,
JPY Mid-day Analysis
The chart pattern in the Yen favors the bear camp and a decline in global geopolitical anxiety facilitates further downside in the Yen ahead.
USD Mid-day Analysis
The Dollar is back to winning by default as UK inflation readings overnight were disappointing,
GBP Mid-day Analysis
The Pound has forged a fresh downside breakout overnight in the face of softer than expected UK inflation readings.
FX Daily Majors
Today’s highlights: EURUSD is threatening a bearish “pennant” continuation pattern, with a break below 1.3333 needed to confirm, for our 1.3248 next target.
UK: July inflation below forecasts
CPI came in at -0.3% m/m in July reducing inflation by 0.1% point to 1.6% y/y, slightly lower than consensus and our forecast.
FX Daily: Shekel, shaken but not yet floored
We wrote last week in the FX Blog that sustained appreciation until recently and